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New Member
posted Jun 7, 2019 3:30:32 PM

I have an S Corp. in Florida. I never had to file taxes with state but this time is asking me for a bunch of information about the state. Did something change?

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4 Replies
Level 15
Jun 7, 2019 3:30:34 PM

What program are you using to complete the 1120-S Corporate tax return?

New Member
Jun 7, 2019 3:30:35 PM

I am using the same software that I have always used TurboTax Business. I have the latest 2016 with all the updates

Level 15
Jun 7, 2019 3:30:37 PM

Ah okay. You didn't indicate which program you were using when you initially signed in to the forum. I was afraid you were using Self-Employed. 🙂  I've flagged others more familiar with the 1120-S than I am. Hopefully, you get an answer soon.

Level 15
Jun 7, 2019 3:30:40 PM

"Did something change?"

 

No, but you may have made an entry that triggered the inquiry about the state returns in TurboTax.

S corporations generally do not file an income tax return in Florida except (a) S corporations that were formerly C corporations and (b) S corporations that pay federal income tax on Line 22c of their Forms 1120S (which is rare).

 

See http://floridarevenue.com/taxes/taxesfees/Pages/corporate.aspx

 

 

Beyond the foregoing, counties in Florida are authorized to impose a tangible personal property tax on assets that are used in conjunction with a Florida-located business, the form (DR-405) for which is filed with the county property appraiser's office. Form DR-405 is offered by TurboTax. To learn more about the applicability of this tax, the form, and your county's requirements, visit the links below.

 

http://floridarevenue.com/dor/property/tpp/

http://floridarevenue.com/dor/property/appraisers.html